According to our Miami Area Report for May 2019, the City of Miami residential real estate market is continuing to improve year-over-year. Median selling prices are up by 7.02% while median days on market have decreased by 24.32%. After hovering around a “normal, balanced” market for the past year, supply of inventory dropped dramatically in […]
Condo Construction in the City of Miami
There are 30 residential condominium developments, for a total of 8,671 units, currently under construction within the City of Miami: 1000 Museum – Arts District – 166 units – anticipated completion: 2017 1010 Brickell – Brickell Financial District – 387 units – anticipated completion: 2017 26 Edgewater – Edgewater – 86 units – anticipated completion: 2017 Aria On The Bay – Edgewater – 648 units […]
Ransom Everglades Buys La Brisa For $34.6 Million
Coconut Grove’s Ransom Everglades has purchased its neighbor property, La Brisa, for $36.6 million. “We can’t pass up the opportunity to buy this beautiful property,” said Ransom Everglades Head of School Penny Townsend. “The purchase will allow us to improve our facilities, add vital greenspace and continue our long tradition of respecting, protecting and learning from […]
Market Trends: Coconut Grove (33133) Condominiums April 2016
As with Coconut Grove single family houses report earlier this month, the Coconut Grove condo market remains relatively stable compared to Brickell or the Central Business District, but there are some indications this micro-market is shifting. The April 2016 selling price per square foot of $371 was up 3.9% from $357 in April of last year; however the […]
Market Trends: Coconut Grove (33133) Single Family Homes April 2016
Compared to other markets within the City of Miami, Coconut Grove real estate remains relatively stable. Sales prices – as measured by average, median or per square foot – continue upward, while other indicators are generally flat. While it appears that the total number of sales have dropped compared to March 2016 and April 2015, […]
The Little House That Marjory Built
Tomorrow, April 7, is Marjory Stoneman Douglas’ birthday. In a lot of ways, she is my idol – conservationist, writer, feminist, activist for environmentally sustainable urban planning and civil rights. She is perhaps best known for her 1947 book The Everglades: River of Grass and her tireless preservation work for the Everglades. Throughout most of her […]